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Form 990-PFTax year 2025EIN 75-1534079

The Lockett Foundation Inc

A private foundation in Vernon, TX. Its return for tax year 2025 lists 10 grants and $117,625 paid in grants.

See which foundations fund work like yours Matching by cause, place and grant size

Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $117,625

    Grants listed
    10
    Assets, end of year
    $2,296,207

  • Tax year 2024

    $113,050

    Grants listed
    10
    Assets, end of year
    $2,316,833

  • Tax year 2023

    $72,125

    Grants listed
    9
    Assets, end of year
    $2,308,327

  • Tax year 2022

    $60,300

    Grants listed
    9
    Assets, end of year
    $2,348,491

  • Tax year 2021

    $97,000

    Grants listed
    9
    Assets, end of year
    $2,402,169

  • Tax year 2020

    $15,900

    Grants listed
    7
    Assets, end of year
    $419,032

  • Tax year 2019

    $16,200

    Grants listed
    7
    Assets, end of year
    $422,072

  • Tax year 2018

    $19,750

    Grants listed
    10
    Assets, end of year
    $409,250

Grants paid in 2025

10 grants, largest first

As listed on the return.

  1. Texas Tech FoundationLubbock, TX

    Scholarship

    $56,125
  2. Texas Tech Alumni Association (TTAA)Lubbock, TX

    Endowment Trust

    $40,000
  3. Boys & Girls Club of VernonVernon, TX

    Operation

    $5,500
  4. Vernon CollegeVernon, TX

    Operation

    $5,000
  5. Admiral Nimitz FoundationFredericksbrg, TX

    Operation

    $2,000
  6. Blanco Education FoundationBlanco, TX

    Operation

    $2,000
  7. Gillespie County Historical SocietyFredericksbrg, TX

    Operation

    $2,000
  8. Holy Ghost Lutheran ChurchFredericksburg, TX

    Operation

    $2,000
  9. Ronald McDonald HouseLubbock, TX

    Operation

    $2,000
  10. Red River Valley MuseumVernon, TX

    Operation

    $1,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education2 grants $58,12589% of the total
  2. Arts and culture3 grants $5,0008% of the total
  3. Health1 grant $2,0003% of the total

By State

Grants to organizations with a US address, latest year.

  1. Texas10 grants $117,625

Officers, directors and trustees

4 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Linda Lockett CheslakPresident Hours 0Pay $0
  • Michael N UnderwoodVice-President Hours 0Pay $0
  • Stephen BrantleyTrustee Hours 0Pay $0
  • Robert LightfootTrustee Hours 0Pay $0

The return

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